The Flower Mound Town Council last week unanimously approved development of the first phase of the River Walk Medical Park next to Texas Health Presbyterian Hospital Flower Mound.
The first building in the new medical campus is a three-story, 84,000 square foot medical office tower called River Walk Medical Park I that will directly attach to the hospital on all three levels.
The building, being developed by Rainier Medical Investments, will be home to a variety of medical specialties, including a full-scale Radiation and Medical Oncology Center, Urology, Cardiology, General Surgery, Colorectal, Orthopedics and OB/GYN tenants.
RMI plans to break ground this month and anticipates a late summer 2011 opening.
“We are very pleased to welcome Rainier Medical Investments and the River Walk Medical Park to our community,” said Melissa Northern, Mayor of the Town of Flower Mound.
“The quality of this project is confirmation that the new hospital is quickly proving to be a viable anchor for our goal of making Flower Mound a medical destination for southern Denton County.”
“We are very excited about the River Walk Medical Park,” said Tim Lavender, president of RMI.
“This project is the next step in achieving the Town’s vision for The River Walk at Central Park and will bring the Town of Flower Mound, its residents and the medical community one of the premier medical campuses in the DFW Metroplex.”
“I’ve been working for more than 15 years to bring quality healthcare to Flower Mound,” said mayor pro-tem, Al Filidoro.
“The hospital was a first major milestone and the River Walk Medical Park is definitely another in bringing top specialists and quality healthcare to Flower Mound and surrounding areas.”
“We have worked diligently with the Town of Flower Mound and hospital for several months in order to make sure the planning for this project would go smoothly and allow the construction to begin quickly.” said Lavender.
“We have excellent momentum in the leasing and construction planning for the River Walk Medical Park I,” said Daryn Eudaly, executive vice president of RMI.
There are plans for two additional buildings, according to RMI officials; a second medical office building of approximately 60,000 square feet, and a premier specialty medical office/retail building at the entrance of the River Walk Medical Park. Both facilities could be ready to break ground in the first quarter of 2011.